Top News
Next Story
NewsPoint

Strike hits banking operations in Bihar

Send Push
The Times Of India
23rd October, 2019 08:07 IST

PATNA: Banking operations in the state were partially affected on Tuesday as the Bank Employees’ Federation (BEF), Bihar, went on a day-long strike to protest the Centre’s decision of merger of 10 banks into four and other banking reforms.

The nation-wide strike was called by All India Bank Employees’ Association (AIBEA) and Bank Employees’ Federation of India (BEFI).

BEF’s president B Prasad said bank employees from different parts of the state including Patna, Muzaffarpur, Gaya, Bhagalpur, Saharsa and Purnia among other districts joined the protest. “Apart from closure of daily banking activities, the ATMs were also shut,” he said.

Bank employees in the state capital held demonstrations outside their respective offices and shouted slogans in support of their demands. Their demands include increase in interest rate on deposits, filling up all vacant posts and recovery of bad loans.

BEF general secretary JP Dixit said the merger would eventually cause unemployment in the banking sector. “We congratulate all the staff members of bank for their participation in the strike called by AIBEA and BEFI. The centre should roll back its decision of merger and also ensure strict action against defaulters,” he said.

Explore more on Newspoint
Loving Newspoint? Download the app now